Gold Price Today, January 22: Yellow Metal Slips Below 49,400 | Check Rates in Your City

Gold Prices Today: In National Capital Delhi, the price for 22-karat gold stands at 48,410, while in Mumbai it slumped to Rs 48,610  according to the Good Returns website. 

Published: January 22, 2021 10:34 AM IST

By India.com Business Desk | Edited by Surabhi Shaurya

Gold Price Today
(FILE IMAGE)

Gold Price Today: A day after witnessing a marginal hike, gold futures on the Multi-Commodity Exchange (MCX) was down 0.18 per cent or Rs 88 at Rs 49,360 per 10 grams. Silver futures, on the other hand, was trading 0.77 percent lower at Rs 66,784 a kilogram.

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Yesterday, 24-karat gold futures inched up by 0.12 per cent to Rs 48,960 per 10 grams. Meanwhile, silver prices edged 0.37 per cent higher at Rs 65,674 per kg.

Check the price for 22-karat gold in your city

In National Capital Delhi, the price for 22-karat gold stands at 48,410, while in Mumbai it slumped to Rs 48,610  according to the Good Returns website.

Chennai₹46,920
Lucknow₹48,410
Jaipur₹48,410
Kolkata₹48,370
Bangalore₹46,100
Hyderabad₹46,100
Kerala₹46,100
Pune₹48,610
Vadodara₹48,990
Ahmedabad₹48,990
Speaking to Money Control, Manoj Jain, Director (Head-Commodity & Currency Research) at Prithvi Finmart said that both the precious metals are expected to remain volatile and further weakness in the dollar index could support prices at lower levels.
“On MCX, gold has support at 49,200-48,950 and resistance at 49,750-50,000. Silver has support at 66,800-66,200 and resistance at 68,000-68,500,” Moneycontrol quoted Jain as saying.

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Published Date: January 22, 2021 10:34 AM IST